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Why Impinj Stock Soared This Week


Shares of Impinj (NASDAQ: PI) were soaring this week after the maker of radio-frequency ID (RFID) chips and related tracking systems posted better-than-expected results in its third-quarter earnings report. The results also reassured investors after the company posted disappointing numbers earlier in the year. 

According to data from S&P Global Market Intelligence, the stock was up 31.7% for the week through 2:10 p.m. ET on Thursday.

Image source: Getty Images.

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Source Fool.com

Impinj Inc Stock

€131.25
1.600%
There is an upward development for Impinj Inc compared to yesterday, with an increase of €2.05 (1.600%).
With 15 Buy predictions and not the single Sell prediction the community is currently very high on Impinj Inc.
With a target price of 166 € there is a positive potential of 26.48% for Impinj Inc compared to the current price of 131.25 €.
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